PUBLIC & PRODUCT LIABILITY LLOYDS FACILITY tailored placement solutions © Lawsons Underwriting Australasia Limited 2009 Welcome.

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Presentation transcript:

PUBLIC & PRODUCT LIABILITY LLOYDS FACILITY tailored placement solutions © Lawsons Underwriting Australasia Limited 2009 Welcome

Lloyds of London Security $20m binder with Brit Syndicate Limited Open market above $20m Established market for hard to place risks 12.50% commission paid to brokers Lloyds approved coverholder © Lawsons Underwriting Australasia Limited 2009

Our People The experienced staff at Lawsons form a dynamic and cohesive team. Each member is a professional and dedicated to providing the best possible service to our broker clients. Our key people have extensive experience in their fields having worked at senior levels with major Australian and international companies. Our Mission To be recognised as an underwriting agency that provides innovative underwriting solutions to businesses operating in Australasia, in a way which exceeds brokers expectations, through timely and professional service. Our Vision Lawsons is a dynamic, professional underwriting agency, expert in the field of on hired labour and related general liability exposures, renowned in the market place for excellence and problem solving. About Lawsons Underwriting © Lawsons Underwriting Australasia Limited 2009

Attentive and dynamic underwriting solutions Quick yes or no in relation to quoting Competitive pricing and flexible approach Favorable terms and conditions Policy tailored to suit the clients needs Personalised, professional and attentive service The Lawsons experience © Lawsons Underwriting Australasia Limited 2009

Hospitality Rail Importers / Wholesalers Medical Cleaners Manufacturers Engineering Property owners Generally hard to place risks Preferred occupations © Lawsons Underwriting Australasia Limited 2009

Nightclubs Bars / Lounges Hotel Groups (including nightclubs) Restaurants / Clubs Men's Clubs Membership based clubs Hospitality © Lawsons Underwriting Australasia Limited 2009

Rail contractors Large turnover specialist (min turnover $500k) All types of rail work considered Contracts checked – Railcorp, ARTC Standard endorsements prevail Rail © Lawsons Underwriting Australasia Limited 2009

Goods from China considered – subject to review Retention of rights maintained Local importer deemed manufacturer Exports to USA considered – subject to review CCC limit Importers / Wholesalers © Lawsons Underwriting Australasia Limited 2009

Most non-invasive equipment - OK Includes – servicing and repairs Hospital equipment Diagnostic equipment Heart monitors Surgical equipment Medical © Lawsons Underwriting Australasia Limited 2009

Contract cleaners - OK Commercial and retail premises Shopping centres – OK – including during trading hours Maintenance of grounds - OK Loss of key limit Sub- contractor extension Cleaners © Lawsons Underwriting Australasia Limited 2009

Large and small operations - OK Specialist in hard to place risks US exports considered Standard endorsements prevail E & O extension considered Manufacturing / Engineering © Lawsons Underwriting Australasia Limited 2009

Shopping centres - OK Shopping strips - OK Property developers Large strata plans - OK Large commercial buildings Retail blocks Property owners © Lawsons Underwriting Australasia Limited 2009

Community groups - OK Charitable organisations - OK Equipment hire Drilling services / contractors Oil & gas industry operations Chemical industry operations Specialist in hard to place risks Various other liability covers © Lawsons Underwriting Australasia Limited 2009

What do you need to do to get a quote? Will we accept another underwriters proposal form? Why should you deal with Lawsons? How are claims handled? What is happening in the market, both here and in London? Questions © Lawsons Underwriting Australasia Limited 2009

Lawsons Underwriting Australasia Limited AFS Licence # –Kevin Corkery Mob –Crystal Chown Mob –Megan Sheehan Mob – Natalie Lings Mob Thank you for your attention © Lawsons Underwriting Australasia Limited 2009